Waaree Wins 40 MWhr BESS Project in Gujarat
POWER & RENEWABLE ENERGY

Waaree Wins 40 MWhr BESS Project in Gujarat

Waaree Renewable Technologies (WRTL) has received a Letter of Award (LoA) from Continuum Green Energy for the engineering, procurement, and construction (EPC) work of a 40 MWhr battery energy storage system (BESS) at wind-solar hybrid sites across Gujarat. The project, valued at approximately ?40 crore, is set to play a vital role in enhancing the efficiency and reliability of renewable energy in the region.

The project will feature an advanced lithium iron phosphate (LFP)-based liquid-cooled containerised BESS solution, marking a significant leap forward in the integration of energy storage with renewable energy sources. Executed under a Lump Sum Turnkey Project agreement, it will combine solar power with battery storage to provide a unified, sustainable energy solution.

Viren Doshi, Director of Waaree Renewable Technologies, expressed his excitement about the project, stating, "This project will significantly enhance renewable energy infrastructure in Gujarat, supporting the growing demand for sustainable energy. It’s a testament to our customers’ trust in our ability to deliver high-quality projects on time and within budget, reinforcing our commitment to a sustainable future."

Arvind Bansal, CEO of Continuum Green Energy, highlighted the importance of the partnership, saying, "This collaboration marks a major step towards integrating energy storage solutions into our wind-solar hybrid projects for industrial consumers. We are confident that Waaree’s execution excellence will help us achieve our shared vision of a greener tomorrow."

This milestone project also marks a key moment in Waaree Renewable Technologies' transformation into an integrated EPC company, further solidifying its position in the rapidly expanding renewable energy market.

Waaree Renewable Technologies (WRTL) has received a Letter of Award (LoA) from Continuum Green Energy for the engineering, procurement, and construction (EPC) work of a 40 MWhr battery energy storage system (BESS) at wind-solar hybrid sites across Gujarat. The project, valued at approximately ?40 crore, is set to play a vital role in enhancing the efficiency and reliability of renewable energy in the region. The project will feature an advanced lithium iron phosphate (LFP)-based liquid-cooled containerised BESS solution, marking a significant leap forward in the integration of energy storage with renewable energy sources. Executed under a Lump Sum Turnkey Project agreement, it will combine solar power with battery storage to provide a unified, sustainable energy solution. Viren Doshi, Director of Waaree Renewable Technologies, expressed his excitement about the project, stating, This project will significantly enhance renewable energy infrastructure in Gujarat, supporting the growing demand for sustainable energy. It’s a testament to our customers’ trust in our ability to deliver high-quality projects on time and within budget, reinforcing our commitment to a sustainable future. Arvind Bansal, CEO of Continuum Green Energy, highlighted the importance of the partnership, saying, This collaboration marks a major step towards integrating energy storage solutions into our wind-solar hybrid projects for industrial consumers. We are confident that Waaree’s execution excellence will help us achieve our shared vision of a greener tomorrow. This milestone project also marks a key moment in Waaree Renewable Technologies' transformation into an integrated EPC company, further solidifying its position in the rapidly expanding renewable energy market.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->